Diversity & Inclusion

AZUSA, Calif. — Physicians Formula confirmed that its newly developed skin care line will be carried exclusively in about 2,500 Walmart stores this summer.

HOUSTON — Men's Wearhouse has named Douglas Ewert president and CEO of the company, succeeding George Zimmer.

As previously announced, Zimmer will continue as executive chairman of the board of directors.

Zimmer stated, "I am excited to turn over the day-to-day reins of Men's Wearhouse to Doug. I know he has the same passion for this company and its people as I do. With him leading our efforts, we will continue to provide the highest level of service to our customers and our unique culture will thrive."  

Alexandria, Va. -- A poll from the Society of Human Resource Management, released Thursday, showed that the number of U.S. organizations with a formal succession plan in place decreased during the past five years from 29% in 2006 to 23% in 2011.

While less than a quarter of businesses have a formal plan in place, the numbers improve when informal plans are considered. More than one-third, or 38%, of human resources professionals said their organization currently has an informal succession plan or process in place (up from 29% in 2006).

Irvine, Calif. -- Steadfast Cos. said Wednesday that financial services industry veterans Greg Brakovich and Jamie Shepherdson have joined forces with the company to provide advisory services and to facilitate the strategic expansion of the sales and the distribution effort for the company’s privately placed and publicly registered investment products.

RYE, N.Y. — Jarden Corp., a manufacturer of a variety of branded consumer products, announced that James Lillie was named CEO effective immediately.  Martin Franklin, formerly chairman and CEO of Jarden Corp., will serve as executive chairman, overseeing corporate strategy, including growth initiatives, corporate culture and philosophy.

New York City -- Kroger Co. appointed Reuben Shaffer as its chief diversity officer, effective immediately. 

Shaffer has been the company’s VP of retail operations for the Cincinnati/Dayton division since 2001. In his new position, he will oversee Kroger’s diversity initiatives, including supplier diversity and integrating the company’s ongoing commitment to create an inclusive culture into business and organization initiatives.
 

CINCINNATI — Kroger has named Reuben Shaffer chief diversity officer, effective immediately. Shaffer will report to Kroger's chairman and CEO, David Dillon.

Shaffer, 60, has been serving as the VP retail operations for the Cincinnati/Dayton division. He began his career with Kroger in 1988 and has held various leadership positions in the organization.

All board members were re-elected by an overwhelmingly large margin, however some shareholders expressed a dislike for Anne Mulcahy as she drew the largest number of negative votes by a wide margin.

Mulcahy is probably best known as CEO of Xerox from 2001 to 2009, and she also served as chairman of the company’s board from 2002 to 2010. She currently chairs the board of trustees of the Save The Children Foundation and serves as a director of The Washington Post Company and Johnson & Johnson. She is a past director of Citigroup.